August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from July's $198.5 million and down 8 percent when compared with the $222.8 million reported for August 2018. With a year-to-date total of $1.7 billion, 2019 is up 1.2 percent when compared with 2018.
(more)McLean, VA (October 14, 2019) – U.S. manufacturing technology orders fell 3.2 percent from the previous month to a total of $365.6 million in August 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. Orders decreased 27.6 percent from August 2018, which was the best August on record at $505 million.
(more)July 2019 U.S. cutting tool consumption totaled $198.4 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 0.6 percent from June's $199.7 million and down 1.3 percent when compared with the $201.0 million reported for July 2018. With a year-to-date total of $1.5 billion, 2019 is up 2.6 percent when compared with 2018.
(more)McLean, Va. & Scottsdale, Az. (September 10, 2019) – The OPC Foundation in conjunction with the MTConnect Institute announce the release of the jointly developed “OPC Unified Architecture for MTConnect Companion Specification Part 1”. This companion specification makes the MTConnect semantic information model for machine tools accessible to a global audience leveraging the OPC UA Service Oriented Architecture. This OPC UA MTConnect Companion Specification incorporates all the features and functions of the XML based MTConnect standard.
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June 2019 U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May's $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018. With a year-to-date total of $1.25 billion, 2019 is up 3.2 percent when compared with 2018.
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On Aug. 20, 2019, the Materials Processing Equipment Technical Advisory Committee (MPETAC) met to discuss the latest matters in export control. The purpose of this committee is to advise the Office of the Assistant Secretary for Export Administration on technical questions that affect the level of export controls applicable to materials processing equipment and related technology. MPETAC covers articles, materials, and suppliers of metalworking equipment, numerically controlled machine tools, and robots. One of the committee’s ongoing goals is to integrate the control definitions between the Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR).
(more)Once upon a time, there were two machine tool salesmen. To protect the innocent, we’ll call them the Ant and the Grasshopper. They each worked for a distributor that had an impressive product line. They both were very, very good salesmen. They always made quota, excelled financially, and were usually the guys awarded as the Top Performers during their respective OEM’s annual meetings. In their territories, they both had several very large customers who bought lots of machines and required a good amount of hand-holding to keep them happy and to make sure nothing fell through the cracks. Their customers loved them for that. For several years, things were good, and both the Ant and the Grasshopper were very happy salesmen.
(more)You may not give much thought to your company or products’ “brand” or image in the market. You may still be using the same marketing messages about your products that you developed several years ago. But has the market or competitive landscape changed since then? If so, it is probably time to revisit those marketing messages. While it is difficult to change certain marketing messages about your products—after all, specs are specs—what you communicate about the benefits and value of your products, product line, and your company itself are important in creating your image or brand in the market.
(more)This fall, as students returned to school, I’m sure many were asked to write an essay or present on the topic “What did you do this summer?” In that same spirit, I thought it would be fun to recap what your AMT Exhibitions department did this summer. It’s a tale of exploring what ifs, forming partnerships, being creative, furthering ideas, traveling, and some good old-fashioned fun.
(more)September was a busy month for Congress after their month-long recess. Below is a snapshot of activity relevant to the manufacturing industry.
(more)AMT's goal is to provide the programs and services that will grow members' businesses in every facet - -product innovation, market expansion, employee development - and to represent and promote members and the manufacturing technology (MT) industry to the world at large. Find out if your company is eligible for AMT membership.
At AMT, we understand that our members have two main objectives in running their businesses – increasing sales and decreasing costs! Understanding this fundamental perspective, we strive to address this need in specific ways.
- Providing access to markets in the U.S. and around the world.
- Producing industry intelligence that will position your business for success and allow you to make informed decisions.
- We bolster those core solutions with unique networking and engagement opportunities, by hosting industry events; advocating for the industry; building a Smartforce; and providing access to leading edge, and potentially disruptive, technologies.
Anywhere in the world you want to be, AMT is uniquely positioned to build sales and support your business. AMT’s Global Services range from domestic business support to full-service tech centers. We provide access to markets in the United States and around the world.
Explore a foreign market by participating in an AMT/USA pavilion or AMT oversea technical center. Utilize an AMT foreign office or visit your potential customers where the purchasing decisions are made with AMT trade missions.
Tech Trends addresses trends in manufacturing technology from three perspectives:
- Newly accepted production technologies
- Greatest needs and challenges still remaining
- Areas of interest within R&D
Standards
MTConnect is an open communication standard that provides the capability to pass data from machine tools to higher level systems for further processing using the XML-based standard.
The ANSI B11 series of American National Standards and Technical Reports deal with machine tool safety and specify requirements for both the suppliers and users of the machines.
The Metalworking Skill Standards are common skills and competencies a worker needs to perform well on the job.
Knowledge of the current and coming economic environment, as well as the manufacturing technology industry and its customers is the key to strategic planning. Gain this data and accompanying analysis from AMT's Global Forecasting & Marketing Package (GFMP).
We provide unique analysis of trends impacting your company, markets and customers.
- United States Manufacturing Technology Orders (USMTO) - The only valid benchmark for market share and the best barometer of your customers' business.
- MTInsight allows you to visualize economic trends, pinpoint market share and review potential capital investment worldwide.
- On-demand market research tailored to your company's needs
